Senior Data Strategist
Company: BP Energy
Location: Houston
Posted on: April 25, 2024
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Job Description:
Entity: Trading & Shipping
Job Family Group: Supply & Trading Group
Job Description: Duties:Responsibilities: Develop systematic
trading strategies for trading benches across multiple regions,
working under limited supervision. Lead the development and
deployment of trading models, based on both financial and
fundamental data sets focused on power and gas markets. Deliver
novel, high impact solutions to requests from the trading teams
that drive commercial decision-making and revenue generation. Lead
relationships with the commercial team to understand the commercial
strategies of their respective businesses. Work with predictive
modeling or trading signals for energy trading, investments and
hedge fund. Perform back testing and apply rigorous statistical
frameworks for hypothesis testing and risk management. Apply
advanced machine learning techniques, probability and statistics
knowledge. Communicate complex quantitative analysis and analytic
approaches in a clear, precise, and actionable manner through
presentations to business stakeholders. Apply advanced programming
and scripting languages. Write production ready, highly reliable
and tuned numerical code in Python and handle database with SQL.
Modeling power networks using simulation tools (Dayzer, UPLAN,
PowerWorld) to provide nodal level forecasts, design Python
interface to run batch/daily jobs set up and fine tune transmission
setups for each run, develop power market insights to generate
trading strategies with risk management functions. Use weather data
to generate fundamental forecasts of demand levels for power
markets. Mentor/coach interns and junior data strategist roles.
Attend industry conferences representing BP in power markets.
Initiate the use of innovative technology and lead the discussion
on improvement of data pipelines and signal generating procedure.
Advise traders on changes of tradable products/market definitions
and analyze the underlying risks associated with changes in power
markets. Lead members across organization to collaborate on power
related projects with a quantitative research focus.Minimum
requirements:PhD or foreign equivalent in Statistics, Mathematics,
Electrical Engineering, Computer Science or closely related STEM
field and three (3) years of experience as a Data Strategist that
includes quantitative research experience on complicated datasets;
mathematical modeling and advanced machine learning based
techniques including quantitative algorithms, machine learning
models for large scale datasets; write production ready Python
codes, handle databases with SQL, research trading strategies in
several ISOs across the US (PJMISO, ERCOT, MISO, NEISO, NYISO,
SPPISO); modeling power networks using simulation tools (Dayzer,
UPLAN, PowerWorld) to provide nodal level forecasts; design Python
interface to run batch/daily jobs; set up and fine tune
transmission setups for each run; develop power market insights to
generate trading strategies with risk management functions; use
weather data to generate fundamental forecasts of demand levels for
power markets; experience with power related data sources
(Yesenergy, Velocity Suite).
Travel RequirementNegligible travel should be expected with this
roleRelocation Assistance:This role is not eligible for
relocationRemote Type:This position is a hybrid of office/remote
workingSkills:Agility core practices, Analytical Thinking,
Computational Thinking, Continuous Learning, Data Analysis, Data
cleansing and transformation, Data Management, Data Sourcing, Data
visualization and interpretation, Dialogue enablement, Exposure
Management, Machine Learning, Macroeconomics, Market analysis
methods, Market Risk Management, Statistics, Trade execution and
management, Trading Fundamentals, Sentiment and Trends, Trading
knowledgeLegal Disclaimer:We are an equal opportunity employer and
value diversity at our company. - We do not discriminate on the
basis of race, religion, color, national origin, sex, gender,
gender expression, sexual orientation, age, marital status,
socioeconomic status, neurodiversity/neurocognitive functioning,
veteran status or disability status. -Individuals with disabilities
may request a reasonable accommodation related to bp's recruiting
process (e.g., accessing the job application, completing required
assessments, participating in telephone screenings or interviews,
etc.). - If you would like to request an accommodation related to
the recruitment process, please - -to request accommodations.If you
are selected for a position and depending upon your role, your
employment may be contingent upon adherence to local policy. - This
may include pre-placement drug screening, medical review of
physical fitness for the role, and background checks.
Keywords: BP Energy, Galveston , Senior Data Strategist, Other , Houston, Texas
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